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Philadelphia Multifamily Growth Slow But Steady
News 1 day ago
Philadelphia Multifamily Growth Slow But Steady

As young professionals migrate to the City of Brotherly Love for its livability and diverse job market, multifamily construction has struggled to...

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Developer Plans $65M Retail/Hotel Renovation Of American Stock Exchange Building
News 1 day ago
Developer Plans $65M Retail/Hotel Renovation Of American Stock Exchange Building

GHC Development Managing Director Allan Fried is damning the e-commerce torpedoes to go full-steam ahead with an ambitious retail concept in New...

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NYC Real Estate's Night Of Nights: Photos From REBNY's 2018 Gala
News 4 days ago
NYC Real Estate's Night Of Nights: Photos From REBNY's 2018 Gala

Last night, the who's who of real estate — and hundreds of others who want to be in the room where it happens — gathered for the Real Estate Board...

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New York City, Newark Make Finalist List For Amazon HQ2
News 5 days ago
New York City, Newark Make Finalist List For Amazon HQ2

Amazon has released a shortlist for its much-anticipated second headquarters, with New York City and Newark, New Jersey, among the 20 locations...

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Big-Ticket Building Sales In Manhattan Are Still Slumping
News 6 days ago
Big-Ticket Building Sales In Manhattan Are Still Slumping

The city’s lackluster investment sales market — in which Manhattan dollar volume dropped by 45% between 2016 and 2017 — has been largely driven by...

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GFP Real Estate Buying FiDi Office Building For $310M In First Big Deal Since Name Change
News 6 days ago
GFP Real Estate Buying FiDi Office Building For $310M In First Big Deal Since Name Change

GFP Real Estate has made its first major transaction since changing its name from Newmark Holdings in October. The Gural family-run company...

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Long Island City Is New York’s Next Commercial Hub
News 6 days ago
Long Island City Is New York’s Next Commercial Hub

Long Island City is having its moment. Warehouses have been redeveloped into offices, hotels and condos. Last year, multifamily construction in...

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'Unleashed' MaryAnn Gilmartin Leaves Forest City To Start New L&L-Backed Firm
News 1 week ago
'Unleashed' MaryAnn Gilmartin Leaves Forest City To Start New L&L-Backed Firm

MaryAnn Gilmartin has left her post as Forest City New York CEO in a major shake-up in the city's development community. Gilmartin is joining up...

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Brooklyn Dollar Volume Dropped Nearly 20% Last Year
News 1 week ago
Brooklyn Dollar Volume Dropped Nearly 20% Last Year

Just like the rest of New York City, investment sales in Brooklyn took a significant hit last year. But there were some bright spots, with retail,...

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Sitt Brothers Settle 2 Herald Square Lawsuit As Foreclosure Auction Looms
News 1 week ago
Sitt Brothers Settle 2 Herald Square Lawsuit As Foreclosure Auction Looms

The brothers that make up Sitt Asset Management's ownership have settled their lawsuits against each other, though perhaps too late to retain...

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This Week's N.Y. Deal Sheet
News 1 week ago
This Week's N.Y. Deal Sheet

The capital markets in New York are perking up already in 2018, with major office, hotel and multifamily properties trading hands in the last week....

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IKEA Signs 975K SF Lease For Staten Island Distribution Center
News 1 week ago
IKEA Signs 975K SF Lease For Staten Island Distribution Center

The Matrix Global Logistics Park will soon be home to two of the biggest names in modern retail and distribution. Furniture retailer IKEA has...

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How Hotel Owners And Designers Are Using Airbnb's Ideas To Win Back Their Guests
News 1 week ago
How Hotel Owners And Designers Are Using Airbnb's Ideas To Win Back Their Guests

Airbnb — the short-term rental platform most recently pegged at a valuation of $31B — caught the hotel industry asleep at the wheel, Viceroy Group...

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CW Realty Gets Construction Financing For Williamsburg Apartment Building
News 1 week ago
CW Realty Gets Construction Financing For Williamsburg Apartment Building

Cheskie Weisz has obtained the funding needed to complete his latest multifamily project in Williamsburg. Weisz's CW Realty closed a $78M...

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Aetna Reportedly Backing Out Of Manhattan HQ After CVS Takeover
News 1 week ago
Aetna Reportedly Backing Out Of Manhattan HQ After CVS Takeover

One of the biggest mergers in American history may have thrown a major real estate and job deal into limbo. Aetna is no longer moving its corporate...

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Durst Organization Seeks Ground Lease Tenant At 825 Third Ave.
News 1 week ago
Durst Organization Seeks Ground Lease Tenant At 825 Third Ave.

The Durst Organization does not want to sell its office building at 825 Third Ave., but it is looking for some help renovating it. The family-owned...

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Newmark's IPO Underwhelms, Analysts Attribute Struggles To Poor Timing And Pricing Concerns
News 1 week ago
Newmark's IPO Underwhelms, Analysts Attribute Struggles To Poor Timing And Pricing Concerns

It's a month following the long-awaited initial public offering of Newmark Group Inc., and the company's stock has fallen short of expectations....

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Production Equipment Company AbelCine Opens Flagship Office In Industry City
News 1 week ago
Production Equipment Company AbelCine Opens Flagship Office In Industry City

Jamestown and Belvedere Capital's Industry City complex has added to its impressive roster of media production and creative tenants. The 35-acre...

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This Week's N.Y. Deal Sheet
News 2 weeks ago
This Week's N.Y. Deal Sheet

The first week of 2018 was notable in New York because of the "bomb cyclone" that slammed the city with ice, wind and cold, but not because of a...

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Olnick Organization Grows Lenox Terrace Expansion Plan In Harlem
News 2 weeks ago
Olnick Organization Grows Lenox Terrace Expansion Plan In Harlem

The Olnick Organization plans to add a huge number of apartments to its Lenox Terrace complex in Harlem. Olnick proposed an expansion to the...

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Silverstein Sells Portion Of One West End Development For Conversion Into Dorms
News 2 weeks ago
Silverstein Sells Portion Of One West End Development For Conversion Into Dorms

Silverstein Properties and Elad Group have sold off a portion of their joint development, One West End, to become student housing. Touro College,...

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Westchester County Is New York’s New Frontier For Affordable Urban Lifestyles
News 2 weeks ago
Westchester County Is New York’s New Frontier For Affordable Urban Lifestyles

Millennials and young families are returning to the suburbs. Rather than seek the bedroom communities of their parents, young people are drawn to...

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How Centralized CRE Data Helps Both Leasing Agents And Market Research Analysts
News 2 weeks ago
How Centralized CRE Data Helps Both Leasing Agents And Market Research Analysts

For 50 years, Merritt Properties has helped companies find homes for their businesses. As a full-service commercial real estate company that...

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New York Times Finds Taker For Half Of Sublease Space At Headquarters
News 2 weeks ago
New York Times Finds Taker For Half Of Sublease Space At Headquarters

The New York Times has found a sublease tenant for over half of the space it vacated when it consolidated its headquarters at 620 Eighth Ave....

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Rivington House Settlement Orders Allure To Build New Nursing Homes
News 2 weeks ago
Rivington House Settlement Orders Allure To Build New Nursing Homes

New York Attorney General Eric Schneiderman and Allure Group have settled the Rivington House case with a deal that will replace the nursing homes...

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BisnowTV: Top Stories Heading Into The Week Of Jan. 8- Presented By EisnerAmper
News 2 weeks ago
BisnowTV: Top Stories Heading Into The Week Of Jan. 8- Presented By EisnerAmper

[00:22] Top Economists On Which CRE Sectors Will Benefit Most From Tax Reform This Year [01:20] Amazon’s Next Target? Target [02:05] $500B Smart...

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Owners Are Stripping Buildings Of The Trump Name, And Some Are Risking Legal Troubles To Do So
News 2 weeks ago
Owners Are Stripping Buildings Of The Trump Name, And Some Are Risking Legal Troubles To Do So

Since the election of real estate mogul Donald Trump as president, a number of property owners around the globe have fought to remove Trump's name...

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Taconic Betting Big On Coney Island Boom With 1,000-Unit Project
News 2 weeks ago
Taconic Betting Big On Coney Island Boom With 1,000-Unit Project

Taconic Investment Partners is planning a major development in Coney Island that is slated to feature at least 1,000 units across three blocks....

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Madison Realty Capital Loans $54M To Restart Lower East Side Condo Project
News 2 weeks ago
Madison Realty Capital Loans $54M To Restart Lower East Side Condo Project

A condo development that sputtered to a halt before the steel frame could even be completed is getting a second life. New Empire Real Estate...

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Essex Crossing Gets Construction Funding For Largest Phase Yet
News 2 weeks ago
Essex Crossing Gets Construction Funding For Largest Phase Yet

The multiphase, multifaceted Essex Crossing development on the Lower East Side has scored a construction loan for its biggest building. Delancey...

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